Drexel, OH Real Estate
According to census data in the year 2000 there were 824 housing units in Drexel.
This represents a 57.5% decline from 1,937 in 1990.
Of those housing units, 824 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Drexel is about 64.2%.
Drexel's vacancy rate, including seasonal lodging, is about 7.9%.
Average household size is 2.66 people.
The majority of houses, apartments or condos in Drexel were built after 1951.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.50% |
| One Bedroom | 12.50% |
| Two Bedrooms | 44.30% |
| Three Bedrooms | 29.20% |
| Four Bedrooms | 12.90% |
| Five Bedrooms or more | 0.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.78 |
| Median year structure was built | 1948 |
| Median Value of occupied units | $46,700 |
| Median Price asked for vacant units | $32,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.46 |
| Median year structure was built | 1955 |
| Median Monthly Rent asked for vacant units | $325 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 4.30% |
| Home Equity Loan | 1.30% |
| Simple Mortgage | 45.20% |
| Debt Free | 49.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 23.4% |
